Procuros Raises €20M Series A

Procuros, a Hamburg-based software company, has raised €20 million in a Series A funding round to accelerate its AI-native supply chain connectivity platform. This latest investment brings the company's total funding to date to €34 million.

Investors

The funding round was led by XAnge, with W23 Global participating as a new investor. Existing backers Point Nine, Creandum, SquareOne, and b2venture also participated in the round alongside several angel investors.

Procuros Use of Funds

Procuros intends to use the new capital to accelerate the development of its AI-native supply chain connectivity platform and to support the international expansion of its trading network.

About Procuros

Founded in 2021, Procuros is led by CEO and Co-Founder Patrick Thelen. The company provides infrastructure that enables retailers, suppliers, and AI agents to exchange trusted data, aiming to automate B2B trade and facilitate the operation of autonomous supply chains.

Funding Details

Company Website: https://procuros.io

Company: Procuros
Raised: €20M
Round: Series A
Funding Date: October 2026
Lead Investor: XAnge
Additional Investors: W23 Global, Point Nine, Creandum, SquareOne, b2venture
Software Category: Supply Chain Software
Source: https://retailtechinnovationhub.com/home/2026/10/5/hamburg-based-startup-procuros-raises-20-million-series-a-for-autonomous-b2b-trade-push